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Commission approves simulcast
races in Casper CASPER, WY - Sept. 9, 2011 - The
business group that brought live horse racing back to Wyoming won
approval Tuesday to offer simulcast wagering at Sidelines Sports
Bar. The group, Wyoming Horse Racing LLC, hopes to have the venture
running by the end of the month, said Eugene Joyce, one of the
business partners.
“We are going to go as fast as we can,” he said.
Before voting to allow simulcast racing at Sidelines, Natrona County
commissioners noted the lack of police opposition and Casper’s long
history of off-track betting. Simulcast racing was available in the
Casper area from 1989 until January, when an off-track betting site
in Evansville closed.
Once the equipment is installed, Sidelines customers will be able to
watch and wager on horse races across the country. The arrangement
will bring provide more customers for Sidelines while exposing the
bar’s existing clientele to the sport, Joyce said.
“(Sidelines) has a vibrant young audience that we hope to introduce
to horse racing,” Joyce said. “This is one of the reasons we are
looking to go there.”
The Wyoming Pari-Mutuel Commission — the government body that
regulates horse racing in Wyoming — must still approve it before
Joyce’s group can open the simulcast business. That decision could
come later this month, said commission Executive Director Charles
Moore.
The Casper area lost its only off-track betting site in January when
the owner chose not to renew his simulcast permit. The same owner
closed simulcast sites in three other cities and stopped offering
live races at what had been the state’s only operating track,
Wyoming Downs in Evanston.
Joyce and his partners are betting they can revive the industry.
Since earning state approval in June, they’ve re-established
off-track betting in Evanston and Rock Springs. They also received
permission to open a site outside Buffalo and are seeking the
go-ahead to establish another business in Riverton.
The group has also begun hosting live horse racing at Sweetwater
Down in Rock Springs. The races are Wyoming’s first in two years.
Joyce and his partners ran four days of live races this year and
have said they expect to offer even more in 2012. A state rule
requires track operators to run at least 16 days of live racing to
receive a simulcast permit, but applicants can seek an exemption for
circumstances like an economic hardship.
On its own, live horse racing is usually a money-losing venture. But
Joyce expects to keep his overall business profitable through the
eight off-track betting sites he plans to have running by next year.
Even amid the recession, gamblers in Wyoming still wagered between
$9 million and $10 million annually on simulcast racing.
Joyce’s father, Joseph, owned Wyoming Downs from 1989-98. The
younger Joyce helped run his family’s simulcast business.
At the time, Sidelines hosted simulcast racing at a prior location
in Casper, Joyce said.
Read more:
Billings Gazette
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